Funding arb · Price arb /

CAT

all CAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.181%7-day average +0.012% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.181%, 7d avg +0.012%

Together, before fees+0.057%+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.169% dearer against Binance than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance 1000CATUSDT	0.000002215	0.0100	pay 0.0050% / 4h	1h 14m	$1.5M	$2.1M	20x
Short	KuCoin 10000CATUSDTM	0.000002219	0.0100	get 0.0050% / 4h	1h 14m	$132K	$81K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.181%Rate

Funding earned: $0
Price spread: +0.181% → +0.012%: $16.85
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$5.15
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 5 min ago; KuCoin: live order book, 75 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 5 min ago	4.51 bp	39.3 bp −$39	336.6 bp −$3,366	doesn't fit	doesn't fit
Sell KuCoin live order book, 75 min ago	24.61 bp	200.1 bp −$200	doesn't fit	doesn't fit	doesn't fit

CAT on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster 1000CATUSDT	+0.0100%	4h	0.000002215	+0.012%	$19K	$36K	5x	as long as short
Binance 1000CATUSDTlong	+0.0100%	4h	0.000002215	long leg	$1.5M	$2.1M	20x
Bybit 1000CATUSDT	+0.0100%	4h	0.000002214	−0.045%	$236K	$142K	25x	as long as short
MEXC CAT_USDT	+0.0100%	4h	0.000002215	0.000%	$529K	$152K	100x	as long as short
KuCoin 10000CATUSDTMshort	+0.0100%	4h	0.000002219	+0.181%	$132K	$81K	20x
Bitget 1000CATUSDT	+0.0100%	4h	0.000002214	−0.045%	$185K	$315K	10x	as long as short
BingX 1000CAT-USDT	+0.0100%	4h	0.000002215	0.000%	—	$1.3M	—	as long as short